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Bill Gross: The path to prosperity is through production

Bill Gross, the Pimco co-CIO, says that the "best route to prosperity is the good old-fashioned route": investing in production.

The following is the monthly commentary of Bill Gross, managing director and co-chief investment officer at Pacific Investment Management Co., for October. For a complete archive, click here.

So the hedgies are in retreat and, in some cases, on the run. Ken Griffin at Citadel is considering cutti

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